4Filed Jun 1, 8:00 PM ET
SHEN Director Kenneth L. Quaglio Receives 26 Shares as Director Fee
$SHEN · SHENANDOAH TELECOMMUNICATIONS CO/VA/Research Summary
AI-generated summary of this SEC filing
SHEN Director Kenneth L. Quaglio Receives 26 Shares as Director Fee
What Happened Kenneth L. Quaglio, a director of Shenandoah Telecommunications Co. (SHEN), was granted 26.124 shares on June 1, 2026 at an effective price of $15.95 per share, a total value of $417. This was an award/acquisition (code A) — shares issued in lieu of director fees — not an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-06-01 at $15.95 per share
- Shares received: 26.124; total value: $417 (as reported)
- Transaction type/code: Award/acquisition (A); shares issued in lieu of director fees (footnote)
- Filing date: 2026-06-02 (filed the day after the transaction; not indicated as late)
- Shares owned after the transaction: not specified in the provided filing summary
Context Director share grants in lieu of cash fees are a routine form of compensation and should not be interpreted as a buy or sell signal from management. The dollar value here is modest ($417), so this transaction is primarily a compensation event rather than a market-moving insider purchase.